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$ 785,000
Est. payment | /mo
2,822 SqFt
$ 785,000
Est. payment | /mo
2,822 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,822 sqft
Price per Sqft $278
Subdivision Sault Ste. Marie
MLS® Listing ID SM251316
Source Sault Ste. Marie Real Estate Board
Property Description
A rare investment opportunity in the heart of downtown Sault Ste. Marie. This income-generating 4-unit property offers a diverse mix of long-term, mid-term, and short-term rental strategies—perfect for experienced investors or business owners looking to scale a real estate portfolio with strong returns. Located just steps from the Station Mall, transit terminal, and all downtown amenities, this property features 4 dedicated parking spaces, efficient boiler heating, and an unfinished basement with untapped potential for added value. Property Overview: Unit 1 - 2 Bed / 1 Bath: Well-maintained and currently rented to a long-term tenant. Spacious layout with a large bathroom and dependable monthly income. Unit 2 – 1 Bed / 1 Bath: Recently renovated and utilized as a mid-term rental. Ideal for traveling professionals and tenants seeking flexibility. Unit 3 – 2 Bed / 1 Bath: Renovated and updated, offering stable income and modern living space. Unit 4 – 1 Bed / 1 Bath: A fully renovated legal Airbnb that delivers consistent short-term rental revenue. Modern finishes and excellent guest reviews. With strong cash flow and a low operating budget, this property is a plug-and-play asset for investors who understand the power of hybrid rental models. Whether you're focused on scaling short-term rentals, diversifying income streams, or maximizing ROI, this 4-plex delivers. Strategic location. Reliable income. Built-in upside. Book your viewing today! (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Boiler
Exterior
Parking Features No
Community Features Bus Route
View Y/N No
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Listed by Royal LePage® Northern Advantage
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